SOURCE: Wall Street News Alert

November 16, 2005 09:47 ET

Wall Street News Alert: Emerging Public Company Announces Strong Financial Performance for Third Quarter 2005!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- November 16, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: CorpHQ, Inc. (OTC: COHQ), The Charles Schwab Corp. (NASDAQ: SCH), IBM (NYSE: IBM) and Cisco Systems (NASDAQ: CSCO).

CorpHQ, Inc. (OTC: COHQ) could be one of the targets of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company issued a press release announcing that it has released a Voluntary Financial Report for the period of July 1, 2005 through September 30, 2005. This unaudited report is available for download on CorpHQ's website at

The news of the financial report may get the attention of investors, as the press release states that the report demonstrates strong financial growth over the third quarter last year with dramatic increases in every category: revenue, net income, asset value, total equity, net cash and working capital. Leveraging the robust performance of its portfolio companies, CorpHQ achieved positive cash flow and increased revenue by 301%.

Continue to watch this company! Among the release highlights:

CorpHQ's revenue in the three month period ended September 30, 2005 increased by 301% to $542,402 from $135,051 in the three month period ended September 30, 2004.

The company had net income of $81,061 for the three month period ended September 30, 2005 compared to a net loss of $27,673 for the three month period ended September 30, 2004.

During the three month period ended September 30, 2005, CorpHQ's total assets increased by approximately 38% to $4,994,657 from $3,614,377 on September 30, 2004.

Investors should continue to monitor the progress of CorpHQ! "As portfolio companies like Safeguard Technology International Inc., The Giving Card, Inc. and South Bay Financial Solutions Inc. continue to grow and increase in value, they drive growth, profitability and shareholder value for CorpHQ," said Steve Crane, CorpHQ's Chief Executive Officer. "With their strong performance we have once again closed the quarter generating income, creating earnings, reaching significant milestones and building momentum."

"We have done everything we said we would this year and are perfectly positioned to meet our objectives for 2006," Crane added. "Goals for next year include public offerings for two portfolio companies, funding companies via our UK subsidiary, continuing to build successful businesses, and qualifying for a NASDAQ Small Cap or AMEX listing. With another quarter of strong financial results under our belt, we are confident in our ability to accomplish all of them."

The press release also states that this financial information is a Voluntary Report and that readers are encouraged to consult the full report which includes, among other things, risk factors and other information necessary for a complete understanding of the company.

Prior to the latest press release, the stock closed yesterday at around Two cents a share.

For an in-depth profile of CorpHQ, visit

In case you are not familiar with the company: According to company information, CorpHQ, Inc. provides money and management to high caliber early stage companies, fast-tracking their growth from startup to profitability. Acting as a business accelerator, CorpHQ takes on entrepreneurs with commercially viable products and services and delivers both the capital and hands-on leadership needed for long-term growth. The company has a track record of building successful businesses and making a profit. Since 2001, it has helped develop seven companies while generating four consecutive years of growth and earnings for shareholders. This quarter two portfolio companies, Safeguard Technology and The Giving Card, announced they received $1 million funding commitments and have agreed to go public.

Stocks showing interesting activity yesterday at the close of the regular trading day were: The Charles Schwab Corporation (NASDAQ: SCH) down 3.5% on 14.3 million shares traded, IBM (NSYE: IBM) up 1.3% on 6.8 million shares traded and Cisco Systems Inc. (NASDAQ: CSCO) down 0.4% on 44 million shares traded.


"The Producer Price Index: The Labor Department said that the wholesale price of goods for October increased by 0.7%, partly because of the fuel increases; meanwhile the core rate dropped by 0.3% due to falling prices of autos, trucks, and clothing. This was the first fall in the core rate in 30 months," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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